Set micro network news, recently, the electric connection technology said in an institutional survey that in general, because the new energy vehicle electronic, intelligent degree is higher than the fuel vehicle, high frequency, high-speed application of more scenarios, high frequency, high-speed connection has a wider range of applications, resulting in the use of new energy vehicle connectors The number and value of bicycles are higher than that of traditional fuel vehicles, and the specific value is different from different OEMs and different models.
With the development of the automotive industry, the hardware and electronic systems of fuel vehicles have been continuously upgraded, the intelligent trend of new energy vehicles has been continuously improved, the use of high-frequency and high-speed automotive connector products has increased, and the use and value of automotive connectors have increased. From the perspective of transmission rate, last year's new source car pulled the hardware and software upgrades of the entire automotive industry, and the application scenarios and market demand of high-frequency and high-speed automotive connectors increased significantly compared with before, and the industry had better development opportunities.
Electric connection technology said that the level of automotive autonomous driving and high-definition camera clarity, usage and 5G millimeter wave development has a greater correlation, with the development of 5G, the future will be from SUB-6 to 5G millimeter wave evolution, the complexity of high-frequency, high-speed connection during the period will be higher and higher, the number and value will also be significantly improved, the amount of automotive connectors and the amount of value will be greatly improved.
It is reported that the current increase in the number of controllers in the car does not necessarily lead to a reduction in the amount of automotive connectors, and the future may also appear and the consumer electronics industry to show a trend of chip, modular evolution, and will be a long-term evolution process. The combination of high-frequency and high-speed connection energy of electric connection technology and chip, the evolution of the controller in the car to the chip, modular trend led to the increase in the transmission rate of video signals, such connections still have a large market demand, but need higher performance requirements.
At present, high-speed, high-frequency automotive connector certification cycle is longer, and there are more product categories, the need for more mature stamping, injection molding and assembly capabilities and delivery capabilities, the industry has certain technical barriers, the current electric connection technology such product competitors to overseas connector manufacturers, domestic scale mass production manufacturers less. The company's main production process of high-speed, high-frequency automotive connectors and consumer electronics production process has more similarities, the main production process for stamping, injection molding and assembly, consumer electronics and automotive electronics in the manufacturing process has a better synergy, with the production experience in consumer electronics products, automotive electronics products cost control is also more favorable. In addition, through R&D exchanges and cooperation with key customers at the design end, the company has improved the ability of structural design and process process in high-frequency and high-speed connections, and the level remains at the forefront of the industry.
In terms of gross profit margin, there is still a gap between the scale of the company's automotive connectors and the industry's leading friends, and the company will continue to increase investment in the research and development and assembly of terminal terminal automation equipment for such products in the future according to the needs of the market and customers, improve production capacity and delivery capabilities, and improve the gross profit margin of such products.
Regarding the price increase of upstream raw materials, Electric Connection Technology said that the company's automotive connector products metal parts raw materials than plastic parts raw materials are smaller, plastic parts and metal parts raw materials price increases on the company's automotive connector products cost less impact, with the increase in production capacity, cost end improvement, scale effect appears, the impact will gradually decrease.
Regarding the situation of consumer electronics, Electric Connect Technology believes that the competitive pattern of products in the consumer electronics industry tends to solidify, the overall development tends to be stable, and the company, as the main supplier of Android mobile phone system manufacturers, has a relatively stable market share. In the second and third quarters of this year, due to the impact of the overseas epidemic on major customers, orders declined month-on-month, the industry was affected by the market environment, and there were relatively many uncertainties. With the deepening of 5G millimeter wave, promote the high-frequency development of mobile phone RF connectors, the future consumer electronics mobile phone market is the traditional SUB-6 band connection and millimeter wave band connection coexistence process, 5G millimeter wave mobile phone RF connector trend will currently be developed from coaxial connection to RF BTB direction, based on the 5G millimeter wave substantial promotion prospects, the company is expected to achieve revenue growth in new products. (Proofreading | Arden）
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